Wall St ends up sharply with Apple; jobs data suggests strength By Reuters

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Wall St ends up sharply with Apple; jobs data suggests strength By Reuters
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⚠️BREAKING: *DOW JUMPS OVER 500 POINTS ON FRIDAY AS U.S. STOCKS RALLY TO END BUSY WEEK 🇺🇸🇺🇸

Apple's quarterly results also cheered investors worried about a potential recession. The iPhone maker's shares were the biggest positive influence on all three major U.S. stock indexes.

The U.S. Labor Department report showed job growth accelerated in April and wage gains increased solidly, suggesting the labor market has stayed strong despite recent interest rate hikes from the Federal Reserve. With the jobs report,"it's about the state of the U.S. economy, and what we saw today suggests it's in a better position than previously expected," said Kristina Hooper, chief global market Strategist at Invesco in New York.Regional bank shares also rebounded after recent weakness tied to the collapse of

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